2) When you go about game by game, you are going to find deeper explanations. Can you show that our injuries didn't happen because the defense was better prepared which put us into situations more likely to cause injury? Nesbitt injury was made more likely by a defensive play (interception) that could have been because of good film preparation on part of the defense.
Furthermore, I think it's very likely the injuries (via use of depth chart stats) is included in Vegas calculation of spreads. In other words, they likely have a probabilistic model of guys further in depth chart having to contribute time and the spread depends on that. Vegas employs statisticians and that's something I would include in my model if they were paying me for their lines.
3) I only have the SEC data from the side of teams having a bye week which supports my conclusion that GT is different from the average case. If you all want to do it for ACC from the side of the team facing extra prep for 2008-2011, I would love to have a look at it.
Here is something to get you started (it needs to be first made BCS only and then extended to also include 10 and 11)
https://docs.google.com/spreadsheet/pub?key=0Ar8cqnkh36RRdHBSTWJ6RTlRVGJRTmhZRjRSSko4bWc&output=html